Retirement plan

MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II

Name: MANFREDI OF GREENWICH LTD. - MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II (2023) Form 5500
Creator: MANFREDI OF GREENWICH LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II, MANFREDI OF GREENWICH LTD.

MANFREDI OF GREENWICH LTD.EIN 06-1249202Plan #003PY 2023

121 GREENWICH AVENUE - GREENWICH, CT 06830203-622-1414LinkedIn1-10 employeesretail

Other plans on this EIN

2 filings

#001Retirement-$3.0M assets #002Retirement-$266K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$932K

+23.0% from 2022

Total participants

+10.5% from 2022

Average account balance

$44,374

+11.3% from 2022

Annual return

13.46%

+30.50 pp from 2022

Benchmarks

See 9,621 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort9,621 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.09M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$48K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

143.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.04%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$877

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$18K

$994 / participant

Other / not subdivided$18K100.0%

% of EOY assets

1.919%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,374

$110,303-59.8%

$95,759-53.7%

$139,487-68.2%

Participation rate

100.0%

75.7%+24.3pp

72.3%+27.7pp

80.3%+19.7pp

Annual return

13.46%

27.19%-13.7pp

28.42%-15.0pp

373.84%-360.4pp

Employer contribution / active EE

$1,497

$3,261-54.1%

$2,836-47.2%

$4,755-68.5%

Participant deferral / active EE

$3,186

$4,674-31.8%

$4,244-24.9%

$6,713-52.5%

Admin fee / account holder

$852

$6,615-87.1%

$5,678-85.0%

$11,407-92.5%

MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion